Macy’s delayed its quarterly results after the company discovered that an employee had hidden up to $154 million in delivery ...

Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of ...

US department store Macy's has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three ...

While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately ...

Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...

Macy's found an issue related to delivery expenses earlier this month while preparing its financial update. A subsequent ...

Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as ...

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...

The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...

An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...